Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Alomex who wrote (111652)	11/7/2000 7:45:15 AM
From: 10K a day	Read Replies (1) \| Respond to of 164684

Thus the bogus 1 billion cash and marketable securities could actually turn out to be half that much >>>> So if the bogus cash and bogus securities is priced in...HOW is that accounted for in the balance shit?

To: Alomex who wrote (111652)	11/7/2000 9:38:26 PM
From: Glenn D. Rudolph	Read Replies (2) \| Respond to of 164684

Exactly. Projecting current figures it seems that if they were to be anywhere above $600 million by year-end they wouldn't have to tap the debt market next year. The end of the quarter is a snap shot in time. Amazon will have a billion dollars in cash and marketable securities as of 12/31/2000. They will also have accounts payable of about $450 million. If we could see a snap shot in time as of January 15, 2001, cash and marketable securities will be about $550 million. At the end of Q1 2001 there will be cash and marketable securities of about $700 million. However, accounts payable will be $250 million so about 15 days later we are looking at $450 million. Cash will be gone if no more is raised from the equity markets by around September 2001. Glenn